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Advent Technologies Holdings Third Quarter 2022 Earnings: US$0.22 loss per share (vs US$0.23 loss in 3Q 2021)

Advent Technologies Holdings (NASDAQ:ADN) Third Quarter 2022 Results

Key Financial Results

  • Net loss: US$11.5m (loss widened by 1.7% from 3Q 2021).

  • US$0.22 loss per share.


All figures shown in the chart above are for the trailing 12 month (TTM) period

Advent Technologies Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 79% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electrical industry in the US.

Performance of the American Electrical industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Advent Technologies Holdings (2 are concerning!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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